The deindustrialization of Europe is ultimately bearing fruit, at least in the United States, where productivity is growing massively due to the onshoring of industrial investments.
US non-farm productivity experienced a significant uptick in the fourth quarter of 2023, reaching a seasonally adjusted annual rate of 3.2% compared to the previous quarter, as per revised calculations. Economists had projected a 3.1% increase, mirroring the initial estimate.
BUBBLECONOMICS
Fiatvalhalla
I don't know how to gauge this, but presumably a lot of that growth is also due to capital flight out of China.
Yes, a lot of capital certainly comes from China, but the capital flight from Europe alone, according to Christina Lagarde, 250 billion euros out of the eurozone last year, is enormous
2M new undocumented workers.
An attack on Americans. In Germany they simply pay them for doing nothing
At least